Justin Bieber allegedly owes his former manager, Scooter Braun, a whopping $8 million: Report
Justin Bieber , the controversial singer, allegedly owes his former manager, Scooter Braun , $8 million even after selling his music catalogue for $200 million and parting ways with him a couple of years ago.
What happened between Justin Bieber and Scooter Braun? Scooter Braun, the infamous manager who has been in the headlines, disengaged with the ‘Sorry’ singer due to financial reasons. While Bieber’s team claims that the money has already been taken, in fact, overpaid, the audits state otherwise, according to TMZ.
The miserable 'Justice' tour When the ‘Justice’ world tour failed due to financial and health reasons in 2022, multiple reports alleged that Justin Bieber was broke. Additionally, the singer owed $24 million to the concert promoter, AEG, because he took $40 million in advance but pulled the plug early on.
The ultimate rescuer, Scooter’s company, Hybe , agreed to pay on the condition that the 31-year-old singer would return the amount over the period of 10 years. However, Justin allegedly stopped paying the due amount.
Did Scooter Braun overpay?While the Scooter’s sources stated that Justin has no money, Lou Taylor, who is Justin’s business manager, said that the singer has overpaid by $26 million in commissions after digging into the books. Hybe did an internal audit and came to the conclusion that Justin Bieber merely owed $1 million, and hence, Braun decided to waive off the remaining debt.
Justin Bieber owes $8,806,000Justin’s team stated that the company was corrupt and they were just hiding under the bush. Hybe hired an independent auditor, Pricewaterhouse or PWC, and after looking into the financial records, it was determined that Justin allegedly owed $8,806,000.
Justin Bieber spends too much...In 2022, some reports stated Justin Bieber’s spending habits were out of control. “He spends eye-watering amounts per month. At one point, he couldn’t even get a credit card,” the source claimed. They added, “Justin is surrounded by a lot of people that do not have his best interests at heart,” according to Page Six.
What happened between Justin Bieber and Scooter Braun? Scooter Braun, the infamous manager who has been in the headlines, disengaged with the ‘Sorry’ singer due to financial reasons. While Bieber’s team claims that the money has already been taken, in fact, overpaid, the audits state otherwise, according to TMZ.
The miserable 'Justice' tour When the ‘Justice’ world tour failed due to financial and health reasons in 2022, multiple reports alleged that Justin Bieber was broke. Additionally, the singer owed $24 million to the concert promoter, AEG, because he took $40 million in advance but pulled the plug early on.
The ultimate rescuer, Scooter’s company, Hybe , agreed to pay on the condition that the 31-year-old singer would return the amount over the period of 10 years. However, Justin allegedly stopped paying the due amount.
Did Scooter Braun overpay?While the Scooter’s sources stated that Justin has no money, Lou Taylor, who is Justin’s business manager, said that the singer has overpaid by $26 million in commissions after digging into the books. Hybe did an internal audit and came to the conclusion that Justin Bieber merely owed $1 million, and hence, Braun decided to waive off the remaining debt.
Justin Bieber owes $8,806,000Justin’s team stated that the company was corrupt and they were just hiding under the bush. Hybe hired an independent auditor, Pricewaterhouse or PWC, and after looking into the financial records, it was determined that Justin allegedly owed $8,806,000.
Justin Bieber spends too much...In 2022, some reports stated Justin Bieber’s spending habits were out of control. “He spends eye-watering amounts per month. At one point, he couldn’t even get a credit card,” the source claimed. They added, “Justin is surrounded by a lot of people that do not have his best interests at heart,” according to Page Six.
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